v3.25.4
Operations and summary of significant accounting policies (Details)
$ in Millions
12 Months Ended
Dec. 31, 2025
USD ($)
country
dealer
distributor
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Operations and summary of significant accounting policies      
Number of countries served by dealers | country 190    
Long-term receivables – trade and other $ 2,142 $ 1,225  
Percentage of value of inventories on the LIFO basis to total inventories 70.00% 65.00%  
Incremental value of inventory if FIFO method had been in use $ 4,305 $ 3,864  
Consolidated depreciation expense 2,093 1,983 $ 1,929
Recoveries From Over-Payments      
Operations and summary of significant accounting policies      
Long-term receivables – trade and other 377    
Financial Products      
Operations and summary of significant accounting policies      
Depreciation on equipment leased to others $ 699 $ 722 $ 713
Inside United States      
Operations and summary of significant accounting policies      
Number of dealers | dealer 41    
Countries Outside United States      
Operations and summary of significant accounting policies      
Number of dealers | dealer 109    
Perkins      
Operations and summary of significant accounting policies      
Number of countries where distributors are located | country 183    
Number of distributors | distributor 86    
FG Wilson      
Operations and summary of significant accounting policies      
Number of countries where distributors are located | country 159    
Number of distributors | distributor 108    
Maximum      
Operations and summary of significant accounting policies      
Maximum amortizable period of purchased intangibles (in years) 20 years